Bajaj Finserv Mumbai Product Manager Salaries by 10+ Employees

2 - 8 years exp.

₹7.8 Lakhs - ₹33 Lakhs

Salary of majority employees

10% less than the average Product Manager Salary in Financial Services Companies for 2 - 8 years of experience

Interested in this particular role?

Last Updated: 23 Dec 2024

Companies similar to Bajaj Finserv for Product Manager in Mumbai

Bajaj Finserv Product Manager Salary

2 - 8 years exp. (12 salaries)

₹7.8 L/yr - ₹33 L/yr

Company name	Avg Annual Salary	Open Jobs
Aditya Birla Capital Product Manager Salary 1 - 7 years exp. (65 salaries)	₹10.5 L/yr - ₹27 L/yr 5% more
JPMorgan Chase & Co. Product Manager Salary 3 - 13 years exp. (32 salaries)	₹13.7 L/yr - ₹39 L/yr 58% more	4 job openings
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Motilal Oswal Financial Services Product Manager Salary 1 - 7 years exp. (26 salaries)	₹10.9 L/yr - ₹23.3 L/yr 27% less
Citicorp Product Manager Salary 3 - 8 years exp. (24 salaries)	₹13.5 L/yr - ₹40 L/yr 30% more
HSBC Group Product Manager Salary 3 - 14 years exp. (9 salaries)	₹12 L/yr - ₹45 L/yr 46% more
UBS Product Manager Salary 5 - 13 years exp. (5 salaries)	₹13 L/yr - ₹27.3 L/yr 16% more
American Express Product Manager Salary 2 - 11 years exp. (5 salaries)	₹14 L/yr - ₹40 L/yr 57% more	11 job openings
IDFC FIRST Bharat Product Manager Salary 0 - 5 years exp. (5 salaries)	₹6.5 L/yr - ₹19.2 L/yr 39% less
Morgan Stanley Product Manager Salary 7 - 9 years exp. (4 salaries)	₹26 L/yr - ₹41 L/yr 86% more
Reliance Capital Product Manager Salary 2 - 7 years exp. (3 salaries)	₹13 L/yr - ₹18 L/yr 21% less
Marsh McLennan Product Manager Salary 15 - 17 years exp. (3 salaries)	₹31.5 L/yr - ₹40.2 L/yr 89% more
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RBL FinServe Product Manager Salary 1 - 3 years exp. (3 salaries)	₹7.5 L/yr - ₹10 L/yr 55% less

Product Manager salary at Bajaj Finserv ranges between ₹7.8 Lakhs to ₹33 Lakhs per year for employees with experience between 2 years to 8 years. Salary estimates are based on 12 latest salaries received from various employees of Bajaj Finserv.

Experience wise Bajaj Finserv Product Manager salaries in Mumbai

Last Updated: 23 Dec 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹13 L/yr - ₹16.7 L/yr
3 years (4 salaries)	₹7 L/yr - ₹25 L/yr
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4 years (4 salaries)	₹14 L/yr - ₹30.2 L/yr
5 years (AmbitionBox Estimate)	₹16.1 L/yr - ₹20.6 L/yr
6 years (AmbitionBox Estimate)	₹17.2 L/yr - ₹21.9 L/yr
7 years (AmbitionBox Estimate)	₹18.2 L/yr - ₹23.3 L/yr
8 years (AmbitionBox Estimate)	₹19.2 L/yr - ₹24.6 L/yr

View all

From

Product Manager

₹

Lakhs/yr

2 - 9 years exp.

Product Lead

₹

Lakhs/yr

4 - 8 years exp.

Product Manager 2 - 9 years exp.

Senior Product Manager 4 - 10 years exp.

61% hike

Product Lead 4 - 8 years exp.

39% hike

From

Product Manager

2 - 9 years exp.

Product Manager 2

4 - 5 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in Bajaj Finserv

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(121 salaries)

₹1.4 L/yr - ₹5 L/yr

Unit Manager Salary

(12 salaries)

₹7.6 L/yr - ₹14 L/yr

Area Manager Salary

(11 salaries)

₹7 L/yr - ₹14.5 L/yr

Team Lead Salary

(9 salaries)

₹2.4 L/yr - ₹5 L/yr

Operations Manager Salary

(5 salaries)

₹3.5 L/yr - ₹6.25 L/yr

Operations Executive Salary

(5 salaries)

₹2 L/yr - ₹3.06 L/yr

Top skills at Bajaj Finserv for Product Manager

Product Management Product Strategy User Stories Solution Design Cross Selling Javascript Production Planning Bancassurance broking Product Development Web Technologies Front End New Product Prototyping Html5

Salary related reviews for Bajaj Finserv

Product Manager in Pune

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 07 May 2023

4.0

for Salary and Benefits

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Hard working teams. Good salary Specifilly for outsiders. More than 100% inventive.

Salary - Good

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Work life balance. Work culture. No work from home. You will have to work on holidays too if there is any issue. Fix in time but no out time

Company culture - Poor

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Product Manager in Pune

Product Management Department

2.0

• posted on 07 Dec 2018

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for Salary and Benefits

Likes

Chilled out at times, but you have to pay the cost later. Excellent for those who do not have a social life.

Dislikes

Pathetic culture. You are expected to slog even if you are done with your work. You will have stretch targets which will automatically make you put in long working hours, but remember that you will not get any extra credit for this.

Promotions - Poor

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Deputy Manager in Mirzapur

Full Time

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1.0

• posted on 24 Jan 2025

4.0

for Salary and Benefits

Likes

Only salary is the thing which is liked about Bajaj Finserv, otherwise there is nothing in this company which anyone can like.

Salary - Good

+1 more

Dislikes

Working Environment, misbehaviour, poor work life balance, there is no working time in the company and many more things which I don't like about them.

Skill development - Bad

+3 more

QA Tester in Pune

Full Time

Engineering - Software & QA Department

1.0

• posted on 21 Mar 2025

1.0

for Salary and Benefits

Likes

Long term Projects available

Dislikes

... No work from home policy Only allowed who's employees are closed with manager. Parishilit with off roll emp and on roll emp Low Salary they are given. After 2-3 years they will increase like 2 k min. And if u discuss any personal issue with mang or TL and ur performance is low then that personal issue raised in daily standup meeting in front of all. IN TIME IS FIXED BUT u have to compromise ur out time So bad culture n mental harassment is more compared with others teams

Salary - Bad

+6 more

Unit Manager in Pune

Full Time

Customer Success, Service & Operations Department

2.0

• posted on 07 Jan 2025

4.0

for Salary and Benefits

Likes

You get ample opportunities to learn new things.

Salary - Good

+1 more

Dislikes

...ing leave balance. 7. No buy out policy (despite of available in hr policies) 8. Held salary for 3 months despite not having any such policy and compelled to revoke resignation by blackmailing on salary release. 9. HR is not employee centric.

Promotions - Poor

+3 more

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Salary Discussions, Hike & Promotions

a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Bajaj Finserv Product Manager Salary FAQs

What is the salary of Product Manager at Bajaj Finserv in Mumbai?

The average salary of a Product Manager at Bajaj Finserv in Mumbai typically ranges from ₹7.8 Lakhs to ₹33.0 Lakhs per year, depending on experience (from 2 years to 8 years).

The top 10% of Product Manager in Mumbai at Bajaj Finserv earn more than ₹32.3 Lakhs per year, and the top 1% earn over ₹33.0 Lakhs per year. Product Manager Salaries at Bajaj Finserv can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 10+ Bajaj Finserv employees in India.

What is the estimated take home salary of a Product Manager at Bajaj Finserv in Mumbai?

The estimated take-home salary of a Product Manager at Bajaj Finserv in Mumbai typically ranges from ₹1,23,750 to ₹1,27,507 per month. This is based on the average salary range of ₹7.8 Lakhs to ₹33.0 Lakhs per year for employees with experience ranging from 2 years to 8 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 10+ salaries received from various employees of Bajaj Finserv. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Product Manager at Bajaj Finserv in Mumbai?

To be a Product Manager at Bajaj Finserv in Mumbai, the key skills required include:

- Product Management
- Product Strategy
- User Stories
- Solution Design
- Cross Selling

These skills are highly valued at Bajaj Finserv and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Bajaj Finserv for Product Manager in India?

Marsh McLennan	₹31.5 Lakhs to ₹40.2 Lakhs per year
Morgan Stanley	₹26.0 Lakhs to ₹41.0 Lakhs per year
JPMorgan Chase & Co.	₹13.7 Lakhs to ₹39.0 Lakhs per year
American Express	₹14.0 Lakhs to ₹40.0 Lakhs per year
HSBC Group	₹12.0 Lakhs to ₹45.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Bajaj Finserv, depending on the role and experience level.

What is the salary of a Product Manager in companies similar to Bajaj Finserv in Mumbai?

The salary of a Product Manager at companies similar to Bajaj Finserv in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Citicorp	₹13.5 Lakhs to ₹40.0 Lakhs per year
UBS	₹13.0 Lakhs to ₹27.3 Lakhs per year
Aditya Birla Capital	₹10.5 Lakhs to ₹27.0 Lakhs per year
Reliance Capital	₹13.0 Lakhs to ₹18.0 Lakhs per year
Motilal Oswal Financial Services	₹10.9 Lakhs to ₹23.3 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Product Manager at Bajaj Finserv in Mumbai?

The salary growth for a Product Manager at Bajaj Finserv in Mumbai depends on factors such as experience, performance, and promotions. On average, a Product Manager in Mumbai can expect the following growth trajectory at Bajaj Finserv:

Experience	Average Salary Range
2 years	₹13.0 Lakhs to ₹16.7 Lakhs per year
3 years	₹7.0 Lakhs to ₹25.0 Lakhs per year
4 years	₹14.0 Lakhs to ₹30.2 Lakhs per year
5 years	₹16.1 Lakhs to ₹20.6 Lakhs per year

and so on.

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Bajaj Finserv Product Manager Salaries in Mumbai

Bajaj Finserv Product Manager salary in Mumbai ranges between ₹7.8 Lakhs to ₹33 Lakhs with an average annual salary of ₹. Salary estimates are based on 12 Bajaj Finserv latest salaries received from various employees of Bajaj Finserv.